Investatrade-Charts

GBPJPY we are in for a possible drop SHORT

Short
FX:GBPJPY   British Pound / Japanese Yen
Here is an analysis of gbpjpy. Here i see it as a possible drop in price. looks pretty plain to see but i still set parameters in this idea. this has a nice risk to reward ratio and looks to have nice possibilities in favor of shorting this pair this trade is only to be held a maximum of one week. I have little to say about this one because as you can see there is the beginning of a breakout but of course this is the forex market anything can happen. All of my ideas are influenced by elliot waves if you find my ideas helpful please follow. Thank you.
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